Wei Hai Creditfan Ventilator (831689)
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克莱特(831689) - 2022 Q3 - 季度财报
2022-10-25 16:00
Financial Performance - Operating income for the first nine months of 2022 was ¥302,754,328.49, a 3.97% increase year-on-year[15]. - Net profit attributable to shareholders decreased by 10.76% to ¥33,687,907.59 compared to the same period last year[15]. - Revenue for Q3 2022 was ¥106,927,262.43, a 15% increase compared to Q3 2021[16]. - Net profit attributable to shareholders for Q3 2022 was ¥13,281,561.70, a decrease of 6.34% compared to Q3 2021[16]. - Total operating revenue for Q3 2022 reached ¥106,927,262.43, an increase from ¥92,983,561.22 in Q3 2021, representing a growth of approximately 15.5%[51]. - Total operating costs for Q3 2022 were ¥92,023,491.66, compared to ¥81,748,450.68 in Q3 2021, indicating an increase of about 12.8%[52]. - Net profit for Q3 2022 was ¥13,277,768.68, down from ¥14,181,012.60 in Q3 2021, reflecting a decrease of approximately 6.4%[53]. - Total profit for Q3 2022 was ¥13,579,584.52, a decrease of 15.5% from ¥16,146,651.02 in Q3 2021[57]. - Net profit for the first nine months of 2022 was ¥33,725,808.28, down 10.4% from ¥37,749,427.40 in the same period of 2021[57]. Assets and Liabilities - Total assets increased by 22.14% to ¥598,252,900.75 compared to the end of the previous year[15]. - Total current assets increased to ¥457,313,732.51 as of September 30, 2022, up from ¥352,839,031.32 on December 31, 2021, representing a growth of approximately 29.6%[43]. - Total liabilities amounted to ¥204,325,100.73, slightly up from ¥200,822,589.18, showing a marginal increase of about 2.5%[45]. - Total liabilities increased to ¥204,267,210.16 from ¥200,822,589.18 year-over-year, marking a rise of approximately 1.2%[49]. - The balance of cash and cash equivalents at the end of the period was ¥98,965,699.81, primarily due to financing from share issuance[17]. - The total value of restricted assets amounted to approximately 72.89 million RMB, representing 12.19% of total assets[40]. - Fixed assets pledged as collateral for bank loans were valued at approximately 40.86 million RMB, accounting for 6.83% of total assets[40]. Cash Flow - Cash flow from operating activities increased by 205.35% to ¥23,040,372.92 compared to the same period last year[15]. - Operating cash flow increased by 15.49 million yuan, a growth of 205.35% compared to the same period last year, driven by cash inflows from maturing pledged receivables[20]. - The net cash flow from operating activities was ¥23,789,373.53, a significant increase from ¥7,545,673.33 in the previous year, reflecting enhanced profitability[62]. - Cash inflow from financing activities totaled ¥122,515,299.75, significantly higher than ¥71,540,000.00 in the prior year, reflecting strong capital raising efforts[60]. - The net cash flow from financing activities was ¥74,591,134.26, a substantial improvement from -¥2,579,979.69 in the previous year, showcasing effective debt management and capital acquisition[60]. - The company reported a net increase in cash and cash equivalents of ¥83,097,555.72, compared to a decrease of -¥4,820,674.95 in the previous year, indicating improved liquidity[60]. Shareholder Information - The total number of ordinary shares remained at 73,400,000, with 20,989 shareholders[26]. - The largest shareholder, Weihai Klate Group Co., Ltd., holds 33,280,139 shares, accounting for 45.34% of total shares[27]. - The company has no preferred stock outstanding[29]. - There are no significant related party relationships among the top ten shareholders or those holding more than 5% of shares, except for the relationships between Wang Xin and Sheng Junling[28]. Research and Development - Research and development expenses for Q3 2022 were ¥5,032,894.19, up from ¥2,932,803.26 in Q3 2021, indicating an increase of approximately 71.7%[52]. - Research and development expenses increased to ¥11,864,571.87 in the first nine months of 2022, up 23.9% from ¥9,579,385.48 in 2021[56]. Other Financial Metrics - Non-recurring gains and losses totaled 41,129.52 yuan, with a net amount after tax of 34,960.09 yuan[23]. - The company reported a financial expense of -¥1,645,709.15 in Q3 2022, compared to ¥1,068,611.73 in Q3 2021, reflecting a significant improvement in financial management[52]. - The company reported a financial expense of -¥1,748,607.48 for the first nine months of 2022, compared to a financial expense of ¥2,658,880.88 in the same period of 2021[56]. - The company recorded a tax expense of ¥3,857,865.25 for the first nine months of 2022, down from ¥5,506,361.94 in the same period of 2021[57]. Strategic Initiatives - The company plans to establish a subsidiary in Mexico, named Klayte Mexico Co., Ltd., to expand its international market presence and address high export costs and transportation challenges[34]. - The employee stock ownership plan involved a directed issuance of 3 million shares at a price of 4.18 RMB per share, raising a total of 12.54 million RMB[36]. - The company applied for a credit limit of 27 million RMB from Bank of China, secured by its own real estate[39]. - The company also applied for a credit limit of up to 50 million RMB from Agricultural Bank of China, using its real estate as collateral[39].
克莱特(831689) - 2022 Q2 - 季度财报
2022-08-23 16:00
Company Milestones and Achievements - The company successfully listed on the Beijing Stock Exchange on March 21, 2022, marking a significant milestone[5]. - The self-developed "Intelligent Lightweight Ventilation and Dust Removal System for High-speed Trains" received technology achievement evaluation, filling a domestic gap[5]. - The company was recognized as a Shandong Province Technology Innovation Demonstration Enterprise in June 2022[6]. - The construction of the New Energy Equipment R&D Center project, part of the fundraising investment project, commenced[6]. - The company is recognized as a "National High-tech Enterprise" and a "Shandong Province Gazelle Enterprise" by relevant authorities[39]. Financial Performance - The company's operating revenue for the current period is ¥195,827,066.06, a decrease of 1.20% compared to ¥198,200,913.86 in the same period last year[27]. - The net profit attributable to shareholders of the listed company is ¥20,406,345.89, down 13.42% from ¥23,568,414.80 year-on-year[27]. - The total assets increased by 16.37% to ¥570,022,416.70 from ¥489,826,840.68 at the end of the previous year[28]. - The total liabilities decreased by 5.70% to ¥189,372,385.36 from ¥200,822,589.18 at the end of the previous year[28]. - The net cash flow from operating activities increased significantly by 262.18% to ¥13,968,087.44 from ¥3,856,659.79 in the same period last year[29]. - The gross profit margin decreased to 27.78% from 32.59% year-on-year[27]. - The weighted average return on net assets based on net profit attributable to shareholders is 6.03%, down from 9.24% in the previous year[27]. - The company has a current ratio of 2.46, indicating strong short-term financial health compared to 1.98 in the previous year[28]. Market and Industry Insights - The company’s products are primarily used in rail transit, marine engineering, high-tech ships, and new energy equipment, with demand heavily influenced by macroeconomic conditions and national industrial policies[13]. - The company’s overseas sales are primarily to Europe, the United States, and Japan, and may be adversely affected by changes in trade policies or economic conditions in these regions[14]. - The rail transit market is expected to see stable growth, with the total railway operating mileage reaching 150,000 kilometers and urban rail transit vehicles increasing by 15.9%[45][46]. - The company focuses on high-end equipment industries such as rail transit, new energy equipment, and marine engineering, benefiting from favorable government policies promoting high-end manufacturing[42]. - During the "14th Five-Year Plan" period, China plans to add 289 GW of onshore wind power and 24 GW of offshore wind power, indicating significant market opportunities for the company[47]. Risks and Challenges - The company faces risks related to product quality, which could lead to significant economic losses and social impacts if safety incidents occur[14]. - The actual controller holds 51.4569% of the company's shares, posing a risk of improper control over company operations[15]. - The company has a high accounts receivable balance, primarily from major clients like Mingyang Smart Energy and CRRC, which could lead to increased bad debt losses if not managed properly[15]. - The company faces risks related to fluctuations in downstream market demand, particularly in sectors like rail transportation and renewable energy, which are sensitive to macroeconomic conditions[113]. Technological Innovation and R&D - The company is committed to continuous technological innovation to meet market demands and maintain competitiveness[15]. - The company holds 15 invention patents, 95 utility model patents, 1 design patent, and 1 software copyright as of June 30, 2022[36]. - Research and development expenses increased by 2.78% to ¥6,831,677.68, reflecting ongoing investment in innovation[85]. - The company aims to enhance its core competitiveness through technological innovation and capitalize on market opportunities in the energy sector[42]. Environmental and Social Responsibility - The company has implemented effective measures for environmental pollution control, including a bag filter system for particulate matter and an organic waste gas collection system[109]. - Wastewater from the spray painting process is filtered and reused, while domestic sewage is treated according to local regulations[109]. - The company adheres to various environmental standards for air and wastewater emissions, ensuring compliance with relevant regulations[109]. - The company donated ¥100,000 to the Weihai Red Cross to support pandemic relief efforts[107]. Corporate Governance and Shareholder Commitments - The company has implemented governance structures to prevent undue influence from its controlling shareholder, ensuring compliance with regulatory requirements[119]. - The company guarantees that any necessary related party transactions will be conducted fairly and at market prices, minimizing conflicts of interest[133]. - The company has committed to not occupying funds or resources through management delegation, loans, or other means, ensuring compliance with relevant regulations[132]. - The company will ensure that any income obtained from non-compliance with commitments will be returned to the company within five days[138]. Employee and Management Changes - The company reported a total of 433 employees at the end of the period, an increase of 22 employees from the beginning of the period[192]. - The board of directors consists of 9 members, while the supervisory board has 3 members, and there are 4 senior management personnel[186]. - The company appointed two new independent directors during the reporting period, enhancing its governance structure[188]. - The company experienced a net increase of 25 employees in the current period, with 16 new production personnel added[192].
克莱特(831689) - 2022 Q1 - 季度财报
2022-04-25 16:00
Financial Performance - Operating revenue for the first quarter was CNY 88,414,430.25, a 5.24% increase from CNY 84,008,975.80 in the same period last year[16]. - Net profit attributable to shareholders decreased by 4.26% to CNY 8,085,831.25 from CNY 8,445,212.19 year-on-year[16]. - Basic earnings per share fell by 21.21% to CNY 0.11 from CNY 0.14 in the previous year[16]. - Total revenue for Q1 2022 reached ¥88,414,430.25, an increase from ¥84,008,975.80 in Q1 2021, representing a growth of approximately 5.7%[47]. - The net profit for Q1 2022 was CNY 8,085,831.25, compared to CNY 8,445,212.19 in Q1 2021, indicating a decrease of about 4.3%[52]. - The total profit for Q1 2022 was CNY 9,512,742.65, down from CNY 9,935,543.76 in Q1 2021, reflecting a decline of approximately 4.3%[52]. - The company's sales expenses for Q1 2022 were CNY 3,770,512.68, a decrease from CNY 4,124,286.50 in Q1 2021, showing a reduction of about 8.5%[51]. - Research and development expenses for Q1 2022 were CNY 3,491,694.17, slightly up from CNY 3,446,877.17 in Q1 2021, indicating a growth of approximately 1.3%[51]. - The basic and diluted earnings per share for Q1 2022 were both CNY 0.11, down from CNY 0.14 in Q1 2021, representing a decrease of about 21.4%[52]. - The company's financial expenses for Q1 2022 were CNY 536,615.07, down from CNY 676,412.19 in Q1 2021, indicating a reduction of approximately 20.7%[51]. - The tax expenses for Q1 2022 were CNY 1,426,911.40, compared to CNY 1,490,331.57 in Q1 2021, reflecting a decrease of about 4.3%[52]. Asset and Liability Management - Total assets increased by 15.79% to CNY 567,161,883.22 compared to CNY 489,826,840.68 at the end of the previous year[16]. - The company's asset-liability ratio decreased to 31.19% from 41.00% year-on-year[16]. - Total current liabilities decreased to ¥155,459,989.52 from ¥178,546,272.53, showing a reduction of approximately 12.92%[40]. - The company’s total liabilities decreased, indicating improved financial stability and reduced leverage[40]. - Total liabilities decreased to ¥176,912,366.53 in Q1 2022 from ¥200,822,589.18 in Q1 2021, a reduction of about 11.9%[45]. - The company has pledged assets totaling ¥80,775,613.21, which accounts for 16.51% of total assets, primarily for bank loans[35]. Shareholder Information - Net assets attributable to shareholders rose by 35.03% to CNY 390,249,516.69 from CNY 289,004,251.50[16]. - The total number of ordinary shares increased to 73,400,000 from 63,400,000, reflecting a capital increase[21]. - The largest shareholder, Weihai Klate Group Co., Ltd., holds 32,936,000 shares, representing 44.87% of total shares[23]. - The second largest shareholder, Yuhang Development Fund (Haiyan), holds 7,690,000 shares, accounting for 10.48%[23]. - The total shares held by the top ten shareholders amount to 59,214,563, which is 80.66% of the total shares[24]. - The number of shareholders holding more than 5% of shares remains stable, with a total of 29,890 ordinary shareholders[21]. Cash Flow and Liquidity - Net cash flow from operating activities improved to CNY 12,028,093.33, a significant recovery from a negative CNY 12,116,755.08 in the same period last year[16]. - Cash and cash equivalents rose significantly to ¥119,957,633.22 from ¥15,868,144.09, indicating a substantial increase in liquidity[39]. - Operating cash inflow totaled ¥61,299,619.05, a significant increase from ¥26,899,807.52 in the previous year, reflecting a growth of approximately 128.5%[58]. - Cash inflow from financing activities reached ¥103,754,716.98, a substantial rise from ¥7,000,000.00 in the previous year[59]. - Net cash flow from financing activities was ¥95,238,836.39, compared to ¥2,457,158.30 in the prior year, marking an increase of approximately 3,770.5%[59]. - The total cash and cash equivalents at the end of the period amounted to ¥119,957,633.22, up from ¥3,132,887.87 in the previous year[59]. - Cash outflow for investment activities was ¥1,730,440.59, compared to ¥759,839.72 in the prior year, reflecting an increase of about 128.5%[58]. - The net cash flow from investment activities was negative at ¥1,730,440.59, worsening from a negative cash flow of ¥759,839.72 in the previous year[58]. Corporate Governance and Compliance - The company has not reported any litigation or arbitration matters during the reporting period[27]. - There were no external guarantees or loans provided by the company during the reporting period[27]. - The company has not experienced any asset seizures, freezes, or pledges during the reporting period[27]. - The company has not been subject to any investigations or penalties during the reporting period[27]. - The company did not engage in any acquisitions or asset sales during the reporting period[27]. - The company has committed to fulfilling various promises related to fund occupation, competition, and transaction regulations, all of which are currently being adhered to[30]. - The company has disclosed that all commitments made during the public offering process are being fulfilled without any overdue or violations[32]. Future Outlook - The company reported a net profit margin improvement, with net income figures expected to be released in the upcoming quarters[47]. - Future outlook remains positive with plans for market expansion and potential new product launches in the pipeline[47]. - The company has implemented a stock incentive plan to align with its long-term strategic development[28]. - The company disclosed its expected daily related transactions for 2022, which were approved in the board meetings[28].
克莱特(831689) - 2021 Q4 - 年度财报(更正)
2022-04-25 16:00
R&D and Innovation - The company was approved for the "Weihai Key Laboratory of Ventilation Machine Fluid Technology" in April 2021, enhancing its R&D capabilities[5] - The company’s self-developed products, including the JZL/ZF12.0-13 evaporative cooling axial flow fan, were included in multiple national energy-saving product directories in 2021[6] - The company has developed new technologies and products aimed at enhancing energy efficiency and reducing environmental impact[6] - The company plans to enhance its R&D capabilities by constructing a new R&D center and acquiring advanced equipment to improve product performance and development efficiency[137] - The company has developed key technologies for high-speed rail traction system cooling fans and other projects, enhancing its capabilities in high-end equipment fields[113] - The total number of patents owned by the company increased to 79 from 57 in the previous year[112] - The company’s R&D expenses for the last fiscal year were ¥5,281,883.11, a decrease from ¥5,619,658.31 in the previous year[44] - Research and development expenses accounted for 3.82% of total revenue, amounting to approximately ¥14.98 million, a slight increase of 5.61% year-on-year[85] Financial Performance - The company's operating revenue for 2021 was CNY 391,565,816.79, representing a 37.43% increase compared to CNY 284,919,652.08 in 2020[30] - The net profit attributable to shareholders for 2021 was CNY 45,771,938.12, an increase of 80.24% from CNY 25,394,750.06 in 2020[30] - The company's gross profit margin for 2021 was 29.66%, down from 31.57% in 2020[31] - The weighted average return on equity for 2021 was 17.13%, up from 10.40% in 2020[31] - The net cash flow from operating activities for 2021 was CNY 9,336,019.16, a decrease of 61.76% compared to CNY 24,417,096.37 in 2020[34] - The company's total liabilities at the end of 2021 were CNY 200,822,589.18, which is a 21.43% increase from CNY 165,382,556.24 at the beginning of the year[33] - The basic earnings per share for 2021 was CNY 0.73, representing a 73.81% increase from CNY 0.42 in 2020[31] - The company's total assets at the end of 2021 amounted to CNY 489,826,840.68, reflecting a 19.83% increase from CNY 408,754,869.62 at the beginning of the year[33] Market and Industry Trends - The company plans to expand its market presence and enhance its product offerings in the coming years[27] - The demand for new high-speed trains is estimated to be around 211 units annually over the next 15 years, leading to an expected total increase of approximately 3,165 units by 2035[57] - The wind power industry in China saw a significant increase in installed capacity, with 71.67 GW added in 2020, including 68.61 GW from onshore and 3.06 GW from offshore wind[61] - During the 14th Five-Year Plan, China plans to add 289 GW of onshore wind power and 24 GW of offshore wind power, translating to a demand for approximately 72,300 wind turbines and 81,300 cooling systems[62][63] - The global gas turbine market was valued at $22.54 billion in 2020, with a projected growth to $25.1 billion by 2023, driven by advancements in technology and environmental policies[66] - The cold chain logistics market in China is expected to exceed 411.7 billion CNY in 2021, with a demand volume of 30.2 million tons, reflecting a growth rate of over 13.9%[133] Risks and Challenges - The company faces risks related to macroeconomic slowdowns affecting customer demand, particularly in the rail transportation and new energy sectors[15] - The company’s reliance on major clients poses a risk, as any adverse changes in their operations could negatively impact the company's performance[16] - The company has a high concentration of clients, which could lead to increased risks if major clients reduce their orders[16] Corporate Governance and Shareholder Information - The company has a total of 213 shareholders, indicating a stable shareholder base[161] - The largest shareholder, Weihai Klate Group Co., Ltd., holds 32,936,000 shares, representing 51.95% of the total shares[163] - The total shares held by the top ten shareholders amount to 58,741,663, representing 92.65% of the total shares[166] - The actual controller of the company is the Shengcailiang family, which directly and indirectly controls 58.87% of the shares through Klete Group and Baiyi (Weihai) Equity Investment Center (Limited Partnership)[168] - The company has no related party relationships among the top ten shareholders[166] Employee and Management Information - The total number of employees increased from 398 to 411, with a net addition of 14 employees during the reporting period[199] - The number of production personnel increased from 207 to 219, reflecting a growth of 5.79%[199] - The company has 9 board members and 3 supervisory board members, with 4 senior management personnel[189] - The total shareholding of directors, supervisors, and senior management is 1,632,200 shares, representing 2.59% of total shares[193] - The company has established targeted training cooperation agreements with universities such as Shanghai Jiao Tong University to enhance the governance level of its senior management team[200] Environmental and Social Responsibility - The company was recognized as a "Green Manufacturing" enterprise by the Ministry of Industry and Information Technology in 2021, indicating its commitment to sustainable practices[7] - The company has set up air pollution control facilities with a processing capacity of 90,000 m³/h for particulate matter and 176,000 m³/h for volatile organic compounds[122] - The company donated a total of 400,000 yuan to educational foundations, including 100,000 yuan to Nanjing University of Aeronautics and Astronautics[118]
克莱特(831689) - 投资者关系活动记录表
2022-04-18 10:48
证券代码:831689 证券简称:克莱特 公告编号: 2022-051 威海克莱特菲尔风机股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏,并对其内容的真实、准确和完整承担个别及连带责任。 一、投资者关系活动类别 □特定对象调研 ☑业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他(请文字说明其他活动内容) 二、投资者关系活动情况 (一)活动时间、地点 公司于 2022 年 4 月 15 日在全景网"投资者关系互动平台"(http://ir.p5w.net)举办 2021 年年度报告业绩说明会。 (二) 参与单位及人员 公司董事、总经理:盛军岭女士 公司董事、董事会秘书:张开芳女士 公司财务总监:郑美娟女士 保荐代表人:艾玮先生 三、投资者关系活动主要内容 本次业绩说明会通过年报视频解读的方式对公司情况、业务情况、2021年经营业绩情况、 发展战略等进行了介绍。同时公司在业绩说明会上就投资者关心的问题进行了回答,主要问 题及回复概要如下: 问题一:公司 2021 年实现营收盈利"双增长",股价却始终在发行价之下, ...
克莱特(831689) - 关于接待机构投资者调研情况的公告
2022-04-08 10:40
证券代码:831689 证券简称:克莱特 公告编号:2022-049 威海克莱特菲尔风机股份有限公司 关于接待机构投资者调研情况的公告 | --- | |------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整,没有虚假记载、 | | 误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承担个别及连 | | 带法律责任。 | 威海克莱特菲尔风机股份有限公司(以下简称"公司")于 2022 年 4 月 7 日接待了 10 家机构的调研,现将主要情况公告如下: 一、 调研情况 调研时间:2022 年 4 月 7 日 调研形式:网络调研 调研机构:安信证券研究中心、安信证券(自营)、东北证券、红塔证券、 华鑫证券、开源证券 、兴业证券、上海龙云股权投资基金管理有限公司、江苏 苏豪投资集团有限公司、深圳市纵贯私募证券基金管理有限公司。 上市公司接待人员:总经理盛军岭、董事会秘书张开芳、财务总监郑美娟、 销售总监唐明飞。 二、 调研的主要问题及公司回复概要 问 ...
克莱特(831689) - 2021 Q4 - 年度财报
2022-04-05 16:00
Company Recognition and Achievements - The company was approved for the "Weihai Ventilator Fluid Technology Key Laboratory" by the Weihai Science and Technology Bureau on April 2, 2021[5]. - The company was recognized as a "Gazelle Enterprise" in Shandong Province in October 2021 and as a "Single Champion Enterprise" in the manufacturing sector in November 2021[5]. - The company received a civil nuclear safety equipment design and manufacturing license from the National Nuclear Safety Administration on April 7, 2021[6]. - The self-developed JZL/ZF12.0-13 evaporative cooling axial flow fan, CZ-80A marine axial flow fan, and high-efficiency ventilation fan for data centers were included in several national energy-saving product catalogs in 2021[7]. - The company was listed in the 2021 Green Manufacturing List by the Ministry of Industry and Information Technology and recognized as a green supply chain management enterprise[8]. Financial Performance - The company's operating revenue for 2021 was CNY 391,565,816.79, representing a 37.43% increase compared to CNY 284,919,652.08 in 2020[30]. - The net profit attributable to shareholders for 2021 was CNY 45,771,938.12, an increase of 80.24% from CNY 25,394,750.06 in 2020[30]. - The total assets at the end of 2021 amounted to CNY 489,826,840.68, reflecting a growth of 19.83% from CNY 408,754,869.62 at the beginning of the year[33]. - The company's debt-to-asset ratio was 41.00% at the end of 2021, compared to 40.46% at the beginning of the year[33]. - The cash flow from operating activities for 2021 was CNY 9,336,019.16, a decrease of 61.76% from CNY 24,417,096.37 in 2020[34]. - The company achieved a gross profit margin of 29.66% in 2021, down from 31.57% in 2020[30]. - The weighted average return on equity was 17.13% for 2021, up from 10.40% in 2020[30]. - The company reported a net profit margin of 11.71% for 2021, compared to 8.91% in 2020[30]. Risks and Challenges - The company faces risks related to macroeconomic slowdown affecting customer demand, particularly in the rail transit and new energy equipment sectors[15]. - The company is exposed to raw material price fluctuation risks, which could impact production costs and profitability[15]. - The company has a high customer concentration risk, which could adversely affect operations if major customers reduce purchases[15]. - The company has been recognized for its commitment to quality, but faces risks associated with product reliability and potential economic losses from failures[16]. - The company has not experienced significant changes in major risks during the reporting period[16]. Research and Development - The company’s R&D expenses for the last fiscal year were ¥5,281,883.11, compared to ¥5,619,658.31 in the previous year[44]. - The company aims to leverage market opportunities and enhance its core competitiveness through increased technological innovation[53]. - The company has a total of 92 R&D personnel, accounting for 22.86% of the total workforce[111]. - The number of patents held by the company increased to 79 from 57 in the previous year[112]. - The company plans to enhance its R&D capabilities by constructing a new R&D center and acquiring advanced equipment to improve product performance[137]. Market Trends and Opportunities - The demand for new high-speed trains is estimated to be around 211 units annually over the next 15 years, leading to a total increase of approximately 3,165 units by 2035[57]. - The wind power sector in China saw an installed capacity increase of 71.67 GW in 2020, with onshore wind accounting for 68.61 GW and offshore wind for 3.06 GW[61]. - During the "14th Five-Year Plan" period, China plans to add 289 GW of onshore wind and 24 GW of offshore wind capacity, translating to a demand for approximately 72,300 ventilation units[62][63]. - The global gas turbine market was valued at $22.54 billion in 2020, with an expected growth to $25.1 billion by 2023, driven by advancements in technology and environmental policies[66]. - The projected investment for each nuclear power project is approximately 45 billion RMB, with a market space of 1.98 to 2.97 billion RMB for ventilation products per nuclear unit[69]. Corporate Governance and Shareholder Information - The company has a total of 213 common shareholders as of the end of the reporting period[161]. - The largest shareholder, Weihai Klate Group Co., Ltd., holds 32,936,000 shares, representing 51.95% of the total shares[163]. - The second largest shareholder, Nuclear Industry Fund Management Co., Ltd., holds 7,690,000 shares, accounting for 12.13%[164]. - The third largest shareholder, Shenzhen Zhongguo Guohui Investment Co., Ltd., has 5,150,000 shares, which is 8.12% of the total[164]. - The total shares held by the top ten shareholders amount to 58,741,663, representing 92.65% of the total shares[166]. Employee and Management Information - The company reported a total of 411 employees at the end of the period, an increase of 13 employees from the beginning of the period[199]. - The total number of management personnel remained stable at 5, while production personnel increased from 207 to 219[199]. - The company has established training partnerships with universities to enhance management capabilities[200]. - The company’s board of directors consists of 9 members, while the supervisory board has 3 members[192]. - The company appointed two new independent directors, Qian Suxin and Wang Shouhai, during the reporting period[195].